The AUKUS pact is a waste of spending that could go towards more needed areas such as medicine, housing and the environment, writes Dr William Briggs. PRIME MINISTER Anthony Albanese’s photo opportunity with U.S. President Joe Biden and UK Prime Minister Rishi Sunak in San Diego ranks as one of the more grotesque and expensive ...

LONDON — The U.K. and Australia are teaming up to tackle economic “coercion” by a small number of countries including China. Top ministers from both governments announced Thursday that their officials will start a new “economic security dialogue” to tackle growing challenges in the Indo-Pacific, keep global supply chains diverse and address the risk of ...

Zelenskyy says Western countries should send tanks before another Russian attack “Mobilization of the world must outpace a next military mobilization of our joint enemy,” Zelenskyy said via videoconference at the World Economic Forum in Davos, Switzerland. Bloomberg | Bloomberg | Getty Images Ukrainian President Volodymyr Zelenskyy told delegates at the World Economic Forum in ...

MADRID — More investment and polices regulating immigration are needed for countries on the southern Mediterranean basin that have been hit hard by the food and energy crisis brought on by Russia’s war in Ukraine, the European Union’s foreign policy chief said Thursday. Speaking at the 7th regional forum of the Union for the Mediterranean ...

Former Prime Minister to the Commonwealth of Australia and President of the Asia Society Policy Institute Kevin Rudd Leigh Vogel | Getty Images For businesses seeking diversification into new markets — especially given the geopolitical risks surrounding China — India, southeast Asia and Mexico are top contenders, former Australian Prime Minister Kevin Rudd said Sunday.  ...

U.S. President Joe Biden pictured in front of China and U.S. flags. Yuri Gripas | Reuters U.S. President Joe Biden told Asian leaders on Sunday that U.S. lines of communication with China would stay open to prevent conflict, as the first of three summits of world leaders this week came to a close. Addressing the ...

Growth in Canada’s exports to countries in the Comprehensive and Progressive Agreement for Trans-Pacific has outpaced that of its exports elsewhere, according to Mary Ng, the country’s minister of international trade, export promotion, small business and economic development. That’s in keeping with the trade bloc’s announcement, at last weekend’s review meeting, that the deal had ...

LONDON — European stocks slipped into negative territory on Tuesday amid nervousness over inflation, with the next reading of U.S. inflation due at the end of the week. The pan-European Stoxx 600 dropped 0.5% in early trade, with tech and retail stocks shedding 1.1% to lead losses as almost all sectors and major bourses slid ...

Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO — Security deals are important, but in Asia, money talks. Australia, India, Japan and the United ...

U.S. President Joe Biden, pictured here on Thursday, April 21, 2022, has launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners. Yuri Gripas | Abaca | Bloomberg | Getty Images In a move to raise its economic profile and create another counterbalance to China within Asia, the United States announced on ...